Green Economy Development says supplier prepayments fall to RMB 38.9 million from RMB 132.2 million at March-end

• Green Economy Development flagged delayed disclosure of supplier prepayments in FY2026, citing an internal oversight on aggregation under Hong Kong Listing Rules.
• Outstanding prepayments reached RMB 132.2 million as of March 31, 2026, equal to 37.2% of total assets.
• Balance later fell to RMB 38.9 million as prepayments converted into inventory costs, supported by a RMB 32.28 million refund.
• Prepayments carried no interest or collateral; unused amounts were contractually refundable if the supplier failed to perform.
• Remedial steps included Listing Rules training, tighter payment controls, automated aggregation checks, and monthly monitoring of exposure ratios.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Green Economy Development Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260908-12325017), on September 08, 2026, and is solely responsible for the information contained therein.